GBP/USD: GBP drifting lower in the Asian session

Posted on February 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.5690. GBP came under pressure after claimant count in the UK climbed by 6,900 to 1.60 million in January. The unemployment rate remained unchanged … Continue reading →

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EUR/USD: Euro down amid delay in Greece bailout

Posted on February 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.56% against the USD and closed at 1.3056, as reports that Euro-zone officials were considering to delay the next Greek bailout package until after the April elections, dented investor sentiment. The … Continue reading →

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AUD/USD: Aussie trading higher on better than expected consumer confidence

Posted on February 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.23% against the USD to close at 1.0693. In the Asian session, at GMT0400, the pair is trading at 1.0736, with the AUD trading 0.40% higher from yesterday’s close, after the … Continue reading →

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USD/CHF: Swissy trading between its MA’s

Posted on February 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.22% against the CHF and closed at 0.9199. In the Asian session, at GMT0400, the pair is trading at 0.9173, with the USD trading 0.28% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen continues its downfall in the Asian session

Posted on February 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 1.27% against the JPY and closed at 78.44, after the Bank of Japan surprisingly expanded its asset purchase program by ¥10 trillion. In economic news, preliminary government report indicated that Japan’s … Continue reading →

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GBP/USD: Cable gaining strength this morning

Posted on February 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.31% against the USD and closed at 1.5690. Data released in the UK showed that the Consumer Price Index slowed to 3.6% (YoY) in January, marking the lowest level since November … Continue reading →

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EUR/USD: EUR trading higher as China pledges support to debt crisis

Posted on February 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.3129, amid concerns over Greece debt crisis and after disappointing Euro-zone industrial production data. News that meeting of the Euro-zone officials to discuss Greece’s … Continue reading →

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USD/CAD: Loonie advances on higher oil prices

Posted on February 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.16% against the CAD to close at 0.9991. Rising oil prices supported the Canadian dollar. Yesterday, the Statistics Canada reported that the number of new motor vehicles sold in Canada dropped … Continue reading →

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AUD/USD: Trading lower this morning

Posted on February 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.04% against the USD to close at 1.0718. In the Asian session, at GMT0400, the pair is trading at 1.0688, with the AUD trading 0.28% lower from yesterday’s close. Data released … Continue reading →

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USD/CAD: Canadian dollar continues to lose steam in the Asian session

Posted on February 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.09% against the CAD to close at 1.0007. In the Asian session, at GMT0400, the pair is trading at 1.0013, with the USD trading 0.05% higher from yesterday’s close. The pair … Continue reading →

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USD/CHF: Swiss Franc trading steady this morning

Posted on February 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.63% against the CHF and closed at 0.9179. In economic news, producer and import price index in Switzerland fell 2.4% (YoY), compared to the market expectation of a 2.2% fall. In … Continue reading →

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